Property Overview: 134 Kildare Avenue E, Winnipeg
Section 1: Key Characteristics & Appeal
This is a modest, historic one-and-three-quarter storey home built in 1912, situated on a standard-sized lot in the Kildare-Redonda neighbourhood. Its key defining characteristic is its exceptionally low municipal assessed value, which is among the lowest in the immediate area and citywide. At 789 square feet, the living space is notably compact, ranking smaller than most comparable homes. The home has a basement, but it is noted as not being renovated, and the property does not include a garage or pool.
The primary appeal lies in its position as a potential entry point into the Winnipeg housing market with a very low property tax burden. It represents a straightforward, no-frills property where the value is anchored in the land and the structure's basic utility. This property would suit a highly budget-conscious buyer, such as an investor looking for a minimal-cost rental property, a hands-on owner planning a gradual, sweat-equity renovation, or someone seeking the absolute lowest possible carrying costs. Its small size and vintage also suggest it could be a fit for a minimalist or someone comfortable with a compact, functional layout. A less obvious perspective is that a home of this age and assessed value may present a unique case for heritage or character appreciation, though it requires a buyer comfortable with its significant age and likely need for updates.
Section 2: Frequently Asked Questions
1. Why is the assessed value so low compared to nearby homes?
The assessed value is typically based on factors like the home's age (1912), its below-average living area, and the condition of features like the unrenovated basement. This results in a valuation significantly lower than the neighbourhood and city averages.
2. What does "One & 3/4 Storey" mean for the layout?
This style usually features a main floor and a second floor where the ceilings slope with the roofline, creating full-height rooms in the center and potentially reduced space along the sides. It often means cozy, character-filled bedrooms but less uniform space than a full two-storey home.
3. Is the sold price history provided exact?
No, the listed sold prices are estimated ranges based on public data. The exact sale price from March 2023 can be requested directly from the site via email.
4. What are the implications of having no garage?
Buyers should plan for street parking and consider the practicalities of Winnipeg winters without a sheltered space for a vehicle or storage. This can also impact resale value compared to properties with parking structures.
5. How does the land size compare?
At just over 5,100 square feet, the lot is around average for both the street and the neighbourhood. This provides a standard outdoor space but is smaller than the citywide average lot size.